DLF

In the biggest-ever penalty in a single case, market regulator slapped fines totalling Rs 86 crore on realty giant DLF, its top executives, their family members and various other related entities for entering into "sham transactions" to mislead IPO investors about eight years ago. #DLF#CompanyWatch#CCI#Real estate

DLF plans to raise over Rs 3,000 crore through divestment or joint ventures in certain projects and will form two Real Estate Investment Trusts (REITs) next fiscal as part of its strategy to improve cash flow and reduce debt. #Morgan Stanley#Debt#DLF#JPMorgan#REITS#RentCo#DevCo